I welcome the opportunity for a frank and full interchange of views.

Our full, normal profitable production waits on peace.

The Monroe doctrine is expressly mentioned as an understanding which is in no way to be impaired or interfered with by anything contained in the covenant.

May I mention a few of the matters which cannot be handled with intelligence until the country knows the character of the peace it is to have?

I hope, too, that this conference will serve to expedite your consideration of the treaty of peace.

We cannot afford to lose a single summer's day by not doing all that we can to mitigate the winter's suffering.

Nothing, I am led to believe, stands in the way of the ratification of the treaty except certain doubts with regard to the meaning and implication of certain articles of the covenant of the league of nations.

I will only venture to repeat that every element of normal life amongst us depends upon and awaits the ratification of the treaty of peace.

I am absolutely glad that the committee should have responded in this way to my intimation that I would like to be of service to it.

Pardon me, Mr. Chairman, if I have been entirely unreserved and plain-spoken in speaking of the great matters we all have so much at heart.

There can be no easy or normal industrial credits because there can be no confident or permanent revival of business.

Every element of normal life amongst us depends upon and awaits the ratification of the treaty of peace.